141 Spence Street

West Broadway, Winnipeg

Property score

67.2

Good

Overall 67.2 · Larger than most nearby homes

2,680 sqft (top 10%) · Built in 1902 (8 yrs older than avg)

Located in a average-income area with median household income of ~48.4k

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 8 dining spots, 11 healthcare facilitys, 4 shops, and 6 parks nearby

Living Area

Above average

33% larger than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 2%

Past 10 years West Broadway sales snapshot (~80% of all data)

Sold Count

141

Median price

275k

$/sqft

$142/sqft

Avg build year

1910

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Property score

67.2 is composed by the two sections below.

Property Score

75.6Good
Living Area2,680 sqft98Excellent
Year Built190210Low
Lot Size5,940 sqft74Good
Neighbourhood Sales Activity74Good

Community Score

54.5Fair
Household Income53Fair
Education Level72Good
Housing Stress30Low
Core Housing Need38Low
Employment Health68Good

Neighbourhood Sales

West Broadway

How to read: Share of sales in each ~$50k price band for “west broadway” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110639

Community deep dive

$48K

Median household income

$55K

Average household income

32%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

50%

Single-person households

8%

Families with children

Population, labour & age

Population (2021)672
Labour force participation rate67%
Median age30.8
Avg household size1.9
Unemployment rate10%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)32%
Single-person households50%
Couple families with children8%
Median household income (2020)$48K

Housing

Renter households92%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority33%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,680 sqft
0255075100
Same streetTop 7%Same areaTop 10%CitywideTop 2%
Same street · Spence Street
#11 / 157
Top 7% · Avg 1,925 sqft
Same area · West Broadway
#35 / 348
Top 10% · Avg 2,017 sqft
Citywide · Winnipeg
#3,726 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

above average
370k
0255075100
Same streetTop 8%Same areaTop 16%CitywideTop 47%
Same street · Spence Street
#12 / 157
Top 8% · Avg 247.5k
Same area · West Broadway
#55 / 348
Top 16% · Avg 295.4k
Citywide · Winnipeg
#91,333 / 194,458
Top 47% · Avg 390.1k

Year Built

around average
1902
0255075100
Same streetBottom 41%Same areaBottom 35%CitywideBottom 1%

Lot Size

Elite
5,940 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 34%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

141 Spence Street — 39 amenities found within 500 m, across 8 categories, including 8 dining (nearest 58 m), 11 healthcare (nearest 95 m), 4 shopping (nearest 188 m).

Search radius
🍽️Dining8
🏥Healthcare11
🛒Shopping4
🌳Parks6
💪Sports1
🏦Finance1
Fuel Stations1
Worship7

Crime & Safety

West Broadway · WPS public data · 2026

Annual incidents

67

2026

vs. city avg

+127%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

45%

Sales History

Sold 10/2023CA$500k–550k
Sold price

Same street

Top 1%

Same area

Top 4%

City-wide

Top 14%
Sold 11/2021CA$500k–550k
Sold price

Same street

Top 3%

Same area

Top 5%

City-wide

Top 16%

Related homes

Highlights & common questions: 141 Spence Street, Winnipeg

141 Spence Street — Property Summary

Key Characteristics & Buyer Fit

This is a substantial, older home in Winnipeg’s West Broadway area, built in 1902. Its standout feature is its size: with 2,680 square feet of living space, it ranks in the top 2% citywide and top 7% on its street. The land is also notably generous—5,940 square feet, placing it in the top 3% on Spence Street and top 6% in the neighbourhood. Most comparable homes in the area sit on roughly 3,950 to 4,000 square foot lots, so this property offers noticeably more outdoor space.

The assessed value is $370,000—above average for both the street and the neighbourhood, but close to the citywide median. That means you’re paying a premium for the extra square footage and land, but not an extreme one relative to the wider market. The building itself is old, even by local standards: it’s among the oldest 1% of homes in Winnipeg. That will appeal to buyers who value character, original details, and a sense of history, but it also signals that maintenance and upgrades are likely ongoing considerations.

This property would suit buyers who want space—both indoor and outdoor—in a central, established neighbourhood, and who are comfortable with an older home that may need attention. It’s less suited to someone looking for a move-in-ready, low-maintenance property or a newer build. For renovators, history enthusiasts, or families wanting room to spread out without leaving the inner city, it’s a strong candidate.


Five Possible FAQs

1. How does the property compare to other homes in West Broadway?
It’s significantly larger than most—both in living area and lot size. The living space is in the top 10% of the neighbourhood, and the land is in the top 6%. The assessed value is above the local average, but not dramatically so, and the home is among the older ones in the area.

2. What should I be aware of with a home built in 1902?
Homes of this age often have original features like high ceilings, hardwood, and trim, but they can also come with outdated wiring, plumbing, insulation, and foundation issues. It’s wise to budget for potential updates and to have a thorough inspection before purchasing.

3. Is the assessed value of $370,000 reflective of the market price?
Assessed value is used for property tax purposes and may not match current market value. In this case, the assessment is above the neighbourhood average but close to the city median. A real estate agent can help determine what similar homes have recently sold for in the area.

4. What’s the benefit of a larger-than-average lot in this neighbourhood?
A 5,940 sqft lot offers room for gardens, outdoor living space, or even a future addition, which is less common in West Broadway. The extra land adds both privacy and potential value, but also means more yard maintenance.

5. How does the property rank citywide?
It ranks in the top 2% for living area and top 34% for land size across all of Winnipeg. For assessed value, it sits near the middle (top 47%), and it’s among the oldest homes in the city (top 1% for age). These rankings highlight the trade-off between space and vintage.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.